Helical (LON:HLCL) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Helical plc (LON:HLCL)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 196.62 ($2.54) and traded as high as GBX 197 ($2.55). Helical shares last traded at GBX 191 ($2.47), with a volume of 29,946 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reduced their target price on Helical from GBX 278 ($3.60) to GBX 270 ($3.49) and set a “buy” rating on the stock in a research report on Tuesday, December 10th.

Helical Price Performance

The company has a quick ratio of 2.59, a current ratio of 3.44 and a debt-to-equity ratio of 57.82. The company has a market cap of £234.42 million, a PE ratio of 9.00, a P/E/G ratio of 0.43 and a beta of 0.72. The stock has a 50-day simple moving average of GBX 182.68 and a 200 day simple moving average of GBX 196.58.

Helical Company Profile

Helical is a Central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge.

Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London’s leading development specialists.